Regulatory and Transactional Issues Related to Derivatives

Financial Information About FCMs Available at NFA Website

The National Futures Association (NFA) has announced that it will make certain financial information about its futures commission merchant (FCM) members publicly available. You can access this information by going to the NFA’s “BASIC” database of member information and searching for any FCM by name.

By way of example, these reports include a breakdown of the manner in which an FCM is investing its customer property (i.e., by type of investment, cash, government securities, money market funds, etc.).

This information is being provided in response to the Commodity Futures Trading Commission’s November 2013 overhaul to its customer protection rules. An earlier posting that summarizes these rules is available here.